Tax “rebates” for those who don’t pay taxes
In what California’s own Rep. Nancy Pelosi describes as help for the “middle class and those who aspire to be in the middle class,” the Bush Administration and House leaders have agreed to an economic stimulus plan. Granted, when you have to negotiate with the likes of Nancy Pelosi, you are not going to get everything you want, but I was shocked to see the plan includes a tax “rebate” for Americans who do not even pay taxes. Workers who make just $3000 a year and do not pay taxes will receive a $300 "tax rebate." These folks are below the poverty level and qualify for loads of federal and state assistance. This supposedly temporary and emergency stimulus deal is supposed to be providing relief for taxpayers and stimulating the economy. Instead, the Democrats have made sure to load it up with handouts masked as “tax rebates.” The Republicans did get the Democrats to give in on extending unemployment benefits and increasing food stamp payments in exchange for this Earned Income Tax Credit-type payment. The Democrats may be calling these payments “tax rebates,” but the GOP should be clear that these payments are special welfare payments, not… Read More